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Laga assists Bluebee in EUR 10 million Series A financing round 

Taking on your challenges

31 March 2016

Laga assisted Bluebee in the preparation, structuring and closing of its €10 million Series A financing round from a strategic group of investors active at the crossroads of life sciences and ICT, including Capricorn ICT Arkiv, Korys and Biover II.

The financing round was subscribed by Bluebee’s existing shareholders, including Buysse & Partners and the management team. The investment will support ongoing innovation of the Bluebee platform, a unique cloud-based accelerated genomics analysis solution to enable fast, efficient and affordable processing of large volumes of genomics data.

Bluebee’s technology allows research centres, clinical labs and diagnostics companies to substantially reduce cost, complexity and throughput time of their genomic data analysis.

Founded in 2011 by Prof. Dr. ir. Koen Bertels as a spin-off of the Delft University of Technology and Imperial College London, Bluebee uniquely offers a cloud-based, distributed computing solution combined with accelerated hardware. This allows mass sequencing data volumes to be processed in extremely short timeframes while respecting gold standard algorithms.

The Laga project team consisted of Tim BaartYannick Van den broeke and Hans Vansweevelt.

More information on Bluebee and the transaction can be found here.

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